INDIANAPOLIS--(EON: Enhanced Online News)--Stonegate Mortgage Corporation (NYSE:SGM), a leading, publicly-traded
mortgage company announced today the expansion of its Stonegate Direct
operations in its Scottsdale, Arizona offices. This expansion will
result in the addition of employees to the Stonegate Direct team,
creating nearly 50 jobs in the Scottsdale area.

“While
we continue to grow our national presence, we also have the opportunity
to accommodate millennial customers while creating jobs across the
country.”

As Scottsdale operations grow, Stonegate Direct is adding mortgage
advisors as well as operations and office support professionals to the
team, further enhancing its consumer-direct mission. These expansion
efforts reflect the new technologies and innovative, consumer-focused
processes being introduced to the mortgage space. The progressive nature
of the industry is a direct result of customers’ changing priorities.

Commenting on the changing industry, Tim Elkins, Executive Vice
President and leader of the Stonegate Direct division said, “While
convenience is top of mind for millennial customers, efficiency and
accuracy are also key priorities. Combining these values to offer a
supreme mortgage product places Stonegate Mortgage at the forefront of
the future of the mortgage space.”

Stonegate Direct is a division of Stonegate Mortgage that streamlines
the mortgage process by providing direct-to-consumer offerings,
including access to mortgage advisors, products and services 24/7 across
the country. The division enhances and simplifies the customer
experience and home loan application process for qualified customers by
providing consumer-direct, quick, secure online access for consumers
looking to refinance their homes. The consumer focus caters to
priorities of millennial customers, a market that has become
increasingly present in the residential mortgage space. Stonegate
Direct’s services and enhanced customer experience are made possible by
a call center that provides service and capabilities to customers across
the country.

“This is an exciting time as Stonegate Mortgage and Stonegate Direct are
expanding by way of both location and workforce,” noted Elkins. “While
we continue to grow our national presence, we also have the opportunity
to accommodate millennial customers while creating jobs across the
country.”

About Stonegate Mortgage Corporation

Founded in 2005, Stonegate Mortgage Corporation (NYSE:SGM) is a leading,
publicly-traded mortgage company that originates, finances and services
agency and non-agency residential mortgages through its network of
retail offices and approved third party originators. Stonegate Mortgage
also provides financing through its fully integrated warehouse lending
platform, NattyMac. Stonegate Mortgage's operational excellence,
financial strength, dedication to customer service and commitment to
technology have positioned the firm as a leading provider in the
emerging housing finance market.

Various statements contained in this press release, including those that
express a belief, expectation or intention, as well as those that are
not statements of historical fact, are forward-looking statements. These
forward-looking statements may include projections and estimates
concerning the timing and success of specific projects and our future
production, revenues, income and capital spending. Our forward- looking
statements are generally accompanied by words such as “estimate,”
“project,” “predict,” “believe,” “expect,” “intend,” “anticipate,”
“potential,” “plan,” “goal” or other words that convey the uncertainty
of future events or outcomes. The forward-looking statements in this
press release speak only as of the date of this press release; we
disclaim any obligation to update these statements unless required by
law, and we caution you not to rely on them unduly. We have based these
forward-looking statements on our current expectations and assumptions
about future events. While our management considers these expectations
and assumptions to be reasonable, they are inherently subject to
significant business, economic, competitive, regulatory and other risks,
contingencies and uncertainties, most of which are difficult to predict
and many of which are beyond our control. These and other important
factors, including those discussed in the “Risk Factors” section within
our 2013 Annual Report on Form 10-K filed on March 14, 2014, may cause
our actual results, performance or achievements to differ materially
from any future results, performance or achievements expressed or
implied by these forward-looking statements.